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Flipkart may offer additional Rs 75 crore credit facility to sellers at 11.4% interest

Aug 25, 2016

Flipkart may offer additional Rs 75 crore credit facility to sellers at 11.4% interest

Under the 'Flipkart Growth Capital' programme, launched in July last year, Flipkart sellers can avail loans with interest rates starting at 11.40 percent #Electronics #E-Commerce #Flipkart #mobile #loans #online #Festive season #sellers #credit facility
Snapdeal earmarks Rs 200 cr for ad campaign ahead of festive season

Aug 23, 2016

Snapdeal earmarks Rs 200 cr for ad campaign ahead of festive season

The new campaign will be launched next month on TV, YouTube, print, digital and social media, and will also be seen outdoors on billboards and external installations #Amazon #E-Commerce #Flipkart #SoftBank #Ad campaign #Snapdeal #Festive season #marketing campaign #online purchases
Snapdeal shuts premium fashion portal Exclusively.com, integrates with itself

Aug 17, 2016

Snapdeal shuts premium fashion portal Exclusively.com, integrates with itself

E-commerce major Snapdeal will shut down Exclusively.com and will integrate the latter's catalogue with itself, about 18 months after acquiring the premium branded fashion and lifestyle products marketplace. #NewsTracker #E-Commerce #Flipkart #Snapdeal #Exclusively.com #fashion and lifestyle products marketplace
Surprise! Army canteens post better profit than domestic retail giants in fiscal 2015

Aug 17, 2016

Surprise! Army canteens post better profit than domestic retail giants in fiscal 2015

On the sales front too, CSD did better, clocking revenue of Rs 13,709 crore, marginally trailing Future Group and Reliance Retail #Reliance Retail #Profit #E-Commerce #Future Retail #CSD #white goods #Canteen Stores Department #defence canteen stores
Flipkart shares marked up 10% by Valic, co now valued at $11.6 bn

Aug 11, 2016

Flipkart shares marked up 10% by Valic, co now valued at $11.6 bn

The latest markup in valuation is still down from Flipkart's peak valuation of $15.2 billion when it last raised capital in July 2015 #Morgan Stanley #Valuation #E-Commerce #Flipkart #Fidelity #E-tailer #Sachin Bansal #Vanguard Group #startup valuation #Valic
Govt to set up committee to review e-commerce rules

Aug 10, 2016

Govt to set up committee to review e-commerce rules

Setting up of this panel also assumes significance as the government has recently permitted 100 per cent FDI in food processing sector. #FDI #E-Commerce #DIPP #Niti Aayog
Wal-Mart to buy Jet.com for $3 billion to lift online sales, battle Amazon

Aug 09, 2016

Wal-Mart to buy Jet.com for $3 billion to lift online sales, battle Amazon

In June, Wal-Mart said it sold its Chinese online grocery store in return for a stake in JD.com Inc, China's 2 e-commerce firm. #Moody's #Wal-Mart #UBS #Amazon #E-Commerce #Doug McMillon #Marc Lore #Quidsi #Neil Ashe #Michael Lasser #Charlie O'Shea #Chinese online grocery store